Did you know that you may be eligible to collect a Spousal Social Security benefit even if you have never worked or lived in the U.S.? Imagine never living in the United States but still collecting $1,400 monthly from Social…
Category: Retirement Planning
Maximize Your Social Security When You Have a Canada Pension (CPP)
You are preparing for retirement, but a month before your Social Security begins, you discover your benefit will be reduced by hundreds of dollars per month because of your CPP. In this video, we discuss: - Qualifying for U.S. Social…
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We Helped Save a Client $1,012,000 in Exit Taxes!
Are you planning on moving back to Canada from the U.S.? If so, you want to be aware of potential exit tax ramifications. This video details how we saved a client over $1,000,000 in potential exit taxes. We discuss: -…
OAS Income Clawback for U.S. Residents
Have you lived and worked in the U.S. and Canada and are now approaching retirement? Old Age Supplement (OAS) is one of the most misunderstood benefits for Canadians retiring in the U.S. Today, we clear up some misconceptions regarding OAS.…
The Worst U.S. State For a Canadian to Retire
This video discusses the U.S. states with the highest and lowest taxes on your Canadian benefits and account withdrawals. We talk about: The tax treatment of your CPP and OAS The states that will tax your CPP and OAS State…
3 Canadian Accounts to Avoid as a U.S. Resident
Most of our clients have an alphabet soup of retirement accounts. In Canada, they may have RRSPs, LIRAs, RESPs, Non-Registered accounts, and others. In the U.S., many will have IRAs, 401(k)s, Roth accounts, and brokerage accounts, to name a few.…
4 Medicare Mistakes to Avoid as a Cross-Border Retiree
Imagine that you are getting excited about turning 65 and finally going onto Medicare. Turning Medicare age may mean significant monthly medical premium payment savings for most. However, now imagine that you get a letter from Medicare that you will…
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Cross-Border Tax Strategies: RRSP Withdrawals or Roth Conversions?
In this video, we discuss different cross-border tax strategies. In particular, is it better to take RRSP withdrawals or implement a Roth conversion strategy for retirement? We discuss: The Retirement "Tax Valley" Filling up this Tax Valley with RRSP Withdrawals…
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Cross-Border Retiree: Can I retire with a C$300k RRSP and a $700k 401(k)?
Have you lived and worked in the U.S. and Canada and are now approaching retirement? In this video, we review a situation in which a couple has lived and worked in both Canada and the U.S. for 20 years and…
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How Much You May Collect From Canada Pension, OAS, and U.S. Social Security
"Bryan, if I knew I was going to have this much in retirement income, I would have retired years ago!" was an exact quote that I got from a new client a few weeks ago. We reviewed his retirement income…
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